LG Electronics
066570.KS
#1551
Rank
ยฃ8.70 B
Marketcap
ยฃ50.73
Share price
-0.44%
Change (1 day)
-21.78%
Change (1 year)

Operating Margin for LG Electronics (066570.KS)

Operating Margin as of November 2024 (TTM): 3.50%

According to LG Electronics 's latest financial reports and stock price the company's current Operating Margin is 3.50%. At the end of 2023 the company had an Operating Margin of 2.22%.

Operating Margin history for LG Electronics from 2007 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.22%-27.04%
20223.04%-41.42%
20215.19%-9.8%
20205.76%578.72%
20190.85%-74.09%
20183.27%-21.41%
20174.17%219.64%
20161.30%24.19%
20151.05%-49.13%
20142.06%98.71%
20131.04%4.33%
20121.00%-235.24%
2011-0.74%-194.43%
20100.78%-84.9%
20095.16%101.78%
20082.56%-42.54%
20074.45%
20051.99%-70.48%
20046.76%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.